Bend, OR holds $5.6 billion in deposits across 10 insured institutions and 51 branches, ranking #157 of 293 U.S. markets by economic output. First Interstate Bank is the largest deposit holder at 22.3% share. The top three institutions hold 54.1% of deposits, which places the market in the moderate band. Deposits have grown 9% since 2020 while the branch count fell by 3.
Deposit trend
Branches: 54 in 2020 to 51 in 2025. Institutions: 9 to 10. Top-three share: 55.7% to 54.1%. Deposits per branch: $110M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| First Interstate Bank | 1.3B | 22.3% | +8% |
| U.S. Bank | 1.1B | 19.3% | +9% |
| Wells Fargo Bank | 0.7B | 12.6% | -2% |
| JPMorgan Chase Bank | 0.7B | 12.3% | +32% |
| Washington Federal Bank | 0.6B | 10.7% | -4% |
| Umpqua Bank | 0.5B | 9.3% | +24% |
| Bank of America | 0.5B | 8.3% | +26% |
| Summit Bank | 0.2B | 4.2% | +110% |
| Washington Trust Bank | 0.0B | 0.6% | new since 2020 |
| Idaho First Bank | 0.0B | 0.5% | new since 2020 |
All 10 insured institutions with a branch presence in this market, as of June 30, 2025. Five-year change compares the same institution's deposits in 2020 and 2025; an acquirer absorbs the balances of banks it bought.
Counties in this market
| County | State | GDP | Population | Share of GDP |
|---|---|---|---|---|
| Deschutes County | Oregon | $13,055M | 213,072 | 84.9% |
| Crook County | Oregon | $1,443M | 27,564 | 9.4% |
| Jefferson County | Oregon | $881M | 25,740 | 5.7% |
Recruiting in Bend
Deposits are neither closely held nor widely dispersed, which usually leaves room for a well-led team to take share without competing head-on with a dominant holder. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like this one, on a retained basis.
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